Century Casinos, Inc. · NASDAQ:CNTY
Century Casinos — Investor Presentation (March 2016)
42 slides from Century Casinos's investor presentation, Mar 31, 2016
Slide 1: Corporate Presentation
CORPORATE PRESENTATION ! Peter Hoetzinger Co Founder, Co CEO & President March 31, 2016 1
Slide 2: International Casino and Entertainment Company
International Casino and Entertainment Company! • Developer and operator of mid-market, mid-size casinos in regulated markets world-wide • Focus on entertainment with gaming and attractive non-gaming facilities " (urban casino resort concept) • Target markets include locals and tourists • 1,800 coop
Slide 3: International Diversification
International Diversification! Edmonton Calgary (2) Denver Poland (9) Colorado Springs Aruba Argentina Land-based casinos (16) Ship-based casinos (19) 8 3
Slide 4: Milestones
Milestones! • 1992 Company founded by Co CEOs Erwin Haitzmann and Peter Hoetzinger • 1993 First casino on cruise vessel • 1994 First casino in Colorado Listing on NASDAQ • 2000 Casinos in South Africa (sold in 2009) • 2006 Market-entry Canada (Edmonton) • 2007 Market-entry Poland (33% stake in Casin
Slide 5: Overview Operations – North America
Overview Operations – North America! 5
Slide 6: Century Casino Central City
Century Casino Central City Near Denver, Colorado, USA Wholly Owned Opened in 2006 8 gaming tables, 492 gaming machines 2 restaurants, 1 bar 26 hotel rooms, 500 car parking garage 6
Slide 7: 7
7
Slide 8: 8
8
Slide 9: Century Casino Cripple Creek
Century Casino Cripple Creek Near Colorado Springs, Colorado, USA Wholly Owned Opened in 1994 6 gaming tables, 447 gaming machines 1 restaurant, 2 bars 21 hotel rooms, 300+ parking 9
Slide 10: is ‘ig ) EF W U J “4 YUM AE
is ‘ig ) EF 2 W U J “4 YUM AE
Slide 11: cenTURY
x cenTURY
Slide 12: Century Casino Edmonton
Century Casino Edmonton In Edmonton, Alberta, Canada Wholly Owned Opened in 2006 35 gaming tables, 791 gaming machines 4 restaurants, 2 bars 26 hotel rooms, heated parking garage Showroom and comedy club 12
Slide 13: 13
13
Slide 14: 14
14
Slide 15: Century Casino Calgary
Century Casino Calgary In Calgary, Alberta, Canada Wholly Owned Purchased 2010, renovated 2011 16 gaming tables, 529 gaming machines 1 restaurant, 4 bars Off-track horse betting parlor 1,100 seat showroom, 700+ parking 15
Slide 16: 16
16
Slide 17: Century Downs
Century Downs North of Calgary, Alberta, Canada 75% ownership, full management control Opened in April 2015 557 gaming machines, electronic tables Restaurant, lounge & bar, event venues 5.5 furlong (0.7 miles) racetrack Off-track horse betting parlor 17
Slide 18: CENTURY
\ ~ CENTURY
Slide 19: 19
19
Slide 20: 20
20
Slide 21: Century Bets
Century Bets! Exclusive license for Southern Alberta Pari-mutuel off-track horse betting network 17 off-track horse betting parlors 100+ racetracks worldwide under contract 21
Slide 22: Overview Operations – International
Overview Operations – International! 22
Slide 23: Casinos Poland
Casinos Poland Nine casinos in major cities in Poland 66.6% ownership stake since April 2013 80 gaming tables, 500 gaming machines High-quality casinos in 4- and 5-star hotels Limited number of licenses Catering to international guests and locals 23
Slide 24: 24
24
Slide 25: a Wey aN &
a Wey aN & £\ Sy . VA SR SS
Slide 26: Aruba, Caribbean
Aruba, Caribbean The Casino in the Hilton Aruba Resort Management agreement 12 gaming tables, 176 gaming machines Catering to international guests and locals 365 rooms and suites 26
Slide 27: Mendoza, Argentina
Mendoza, Argentina Minority stake in Mendoza Central SA Long-term consulting services agreement Main shareholders affiliates of UnoMedios MCE leases slots to Casino de Mendoza MCE receives 43% of slot revenue Potential to grow in Latin America 27
Slide 28: Cruise Vessels
Cruise Vessels Largest independent ship casino operator 18 casinos on luxury vessels 66 gaming tables, 500 gaming machines Maritime Labor Convention 2006 certified 28
Slide 29: Financial Results
Financial Results! 29
Slide 30: Income Statement
Income Statement! In USD millions 2015 2014 Change Net Operating Revenue as reported (GAAP) 134.4 120.0 12% Unfavorable foreign currency impact vs. 2014 11.8 Constant Currency (non-GAAP)* 146.2 120.0 22% Adjusted EBITDA as reported 23.5 12.9 83% Unfavorable foreign currency impact vs. 2014 2.7 Const
Slide 31: USA (Colorado) 2015 vs. 2014
USA (Colorado) 2015 vs. 2014! Net Operating Revenue 7%! Adj. EBITDA 41%! Century Casino & Hotel Central City! The economy and consumer sentiment in the greater Denver metro area very strong and we see consumers growing more confident and showing a greater willingness to spend. ! Century Casino & Hot
Slide 32: Canada (Alberta) 2015 vs. 2014
Canada (Alberta) 2015 vs. 2014! Net Operating Revenue 54%! Adj. EBITDA 71%! Century Casino & Hotel Edmonton! Increase on table games, decrease on slots. Asian Baccarat players seem unaffected by economy (oil), slot players feel it. Substantial renovation and increase of gaming floor, VIP rooms, bar
Slide 33: Poland (Eastern Europe) 2015 vs. 2014
Poland (Eastern Europe) 2015 vs. 2014! Net Operating Revenue 22%! Adj. EBITDA 118%! ! Nine Casinos in Warsaw (2), Krakow, Lodz, Wroclaw, Poznan, Katowice, Sosnowiec and Plock Strong operational growth, tables up, slots up, F&B up. More and higher-quality slots, player loyalty program installed. All
Slide 34: Ship Casinos and Management Contracts 2015 vs. 2014
Ship Casinos and Management Contracts 2015 vs. 2014! Net Operating Revenue 4%! Adj. EBITDA 6%! Mein Schiff 1, 2, 3 and 4 (TUI Cruises)! Wind Surf, Star, Spirit, Star Pride, Breeze and Legend (Windstar Cruises)! Oceania Cruises and Seven Seas Cruises (Norwegian Cruise Line, consulting)! Sold concessi
Slide 35: Net Operating Revenue by Segment / Region
Net Operating Revenue by Segment / Region! Ships and Management 2% Canada 37% Poland 41% Net Operating ! Revenue! United States 20% 35
Slide 36: Adjusted EBITDA by Segment / Region
Adjusted EBITDA by Segment / Region! Ships and Management 5% Poland 25% Canada 54% Adj. EBITDA! United States 16% 36
Slide 37: Net Operating Revenue per Quarter
Net Operating Revenue per Quarter! 37
Slide 38: Adj. EBITDA per Quarter
Adj. EBITDA per Quarter {in miions) $7.0 $5.0 $4.0 $3,0 $2,0 $1,0 $0,0 baad $67 $52 348 $3.9 $4.0 4 9 $3,3 $3.2 40 $32 $31 $2.8 $2.8 sze 28 $2.8 baad $25 =A $23 ee $20 $2.0 a | | l a a2 a3 a4 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2010 2011 2012 201
Slide 39: Net Debt to Adjusted EBITDA
Net Debt to Adjusted EBITDA! 4,0x 3,3x YE 2014 YE 2015 Net Debt $13.2m $7.2m 3,0x 2,0x 1,1x 1,0x 0,5x 0,3x 0,0x -1,0x -1,0x -2,0x -1,5x -2,1x -3,0x -2,6x 2008 2009 2010 2011 2012 2013 2014 2015 * Net Debt is calculated as total debt minus cash and cash equivalents. Debt as of December 31, 2015 inclu
Slide 40: Outlook
Outlook! 40
Slide 41: Operational Trends and New Projects
Operational Trends and New Projects! Great achievements in 2015 with strong Revenue, EBITDA and EPS growth across the entire portfolio of operations. With a healthy balance sheet and our growing and well-diversified line-up of mid-size casino resorts, the Company is well positioned to create even mo
Slide 42: Peter Hoetzinger
! Peter Hoetzinger! Co Founder, Co CEO & President " " peter.hoetzinger@cnty.com" USA: (719) 689 5813" Europe: + 43 664 355 3935 " 42